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For one who values dreams like gold, every effort is necessary. Josephine J., 45, exerts the best effort she can give to attain her dreams for her business and for her family. Josephine reached second year in college and is now married to Johnimar, a goldsmith. Together they live in Dasmarinas, Cavite.

Josephine helps Johnimar in marketing the gold jewelry he makes. Their shop, which has been operating for 11 years now, is located on a nearby barangay in Cavite. Josephine hires four employees to help with the making of gold accessories and other items. Also, she sells products ranging from clothes to small house appliances directly to customers she knows in her community. Another source of income for their family is selling electronic loads for mobile phones. With these small-scale businesses, Josephine is able to earn around PHP 12,500 on average monthly.

To help her grow her goldsmith shop, Josephine is requesting a 38,000 PHP loan. In keeping with her learning from the lessons CCT gives on entrepreneurship, Josephine will use this loan to pay for materials necessary in making gold jewelry. Josephine sees this as a big help to her capital, which will eventually impact her business income greatly.

Indeed, there are a lot of challenges every micro entrepreneur faces every day, but Josephine chooses to focus on her golden dreams. It is her desire for her business to become famous in their place and eventually gain more branches in other towns.

For her family, she prays to have their own dream house in time. As a CCT community partner, she faithfully attends the group's weekly fellowship* meeting where she can also draw strength and inspiration from the Word of God she receives.

*All CCT community partners/clients are organized into fellowship groups that meet on a weekly basis. A fellowship group is composed of 15 to 30 community partners. The fellowship groups gather each week to study the Word of God, build social capital, and pay microfinance loans.

Additional Information

About the Center for Community Transformation

The Center for Community Transformation (CCT) is dedicated to the development of communities and lives via spiritual transformation and access to financial services. CCT offers loan products to address the needs of micro-entrepreneurs in the Philippines. The organization’s loan products include small business, education, and housing loans. CCT utilizes a community-based approach to provide a variety of non-financial services that include training and development programs, clinics, disaster relief operations, a low-cost medicine program, and social service programs. CCT offers a unique “Pavement Dweller” program designed to provide food, housing, and job training. CCT also provides education support services to the poorest groups in the Philippines. Find more information about CCT on their website or join their lending team.

About Philippines

  • $7,000
    Average annual income
  • 1461
    View loans »
    Philippines Loans Fundraising
  • $59,362,100
    Funds lent in using Kiva
  • 43.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Josephine to purchase materials for goldsmithing.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Mar 21, 2011
Apr 20, 2011
Currency Exchange Loss:
Oct 15, 2011